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cliff in less than 48 hours. both the house and senate will be in session this sunday, and we could see a vote as early as today. nbc's brian moore has the story. >> as senate leaders were behind closed doors mapping out an escape from the fiscal cliff. >> the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> if the nation goes over the fiscal cliff, each side says the other is to blame. >> we can still avoid going over the fiscal if the president and the democratic controlled senate with work with republicans to solve the problem and solve it now. >> all over the country right now uncertainty is in the air. >> it's not a matter of am i going to pay my light bill or not but a matter of if it's going to deplete by savings. >> it could cause us to have a drop off in sales. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> whatever w
cliff in less than 48 hours. both the house and senate will be in session this sunday, and we could see a vote as early as today. nbc's brian moore has the story. >> as senate leaders were behind closed doors mapping out an escape from the fiscal cliff. >> the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> if the nation goes over the fiscal cliff, each side says the other is to blame. >> we can still...
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will tumble off the fiscal cliff in less than 48 hours. that's the main reason why president obama's sat down for a lengthy interview that aired on nbc. >> there is a basic fairness that is at stake in this whole thing that the american people understand and they listened to an entire year's debate about it. they made a clear decision about the approach they prefer, which is a balanced, responsible package. they rejected the notion that the economy grows best from the top down. >> joining me now is republican senator bob corker of tennessee. let's start with what the president -- you heard what he said. look, he argues we had an election, i won, he did campaign quite heavily on raising taxes for those making over $250,000. and he says, i went to john boehner, i offered him a trillion dollars in cuts, we're talking two to one cuts to income rates, why didn't you just take it? >> well, candy, that's interesting. i watched the interview. i don't think any american has ever seen the trillion dollars in cut that he offered. >> well, he -- >> an
will tumble off the fiscal cliff in less than 48 hours. that's the main reason why president obama's sat down for a lengthy interview that aired on nbc. >> there is a basic fairness that is at stake in this whole thing that the american people understand and they listened to an entire year's debate about it. they made a clear decision about the approach they prefer, which is a balanced, responsible package. they rejected the notion that the economy grows best from the top down. >>...
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they will discuss the fiscal cliff and other key issues. you can see it here tomorrow at 10:30. >>> we're a little more than 36 hours away from the biggest game of the season for the redskins. the burgundy and gold face off against the cowboys tomorrow night. it's simple. win and you take the nfc east crown. even though we're in redskins country, there are sure to be some divided families tomorrow night. that includes the clark family in capital heights, maryland. half of the family are cowboy fans. half cheer on the skins. mom and dad are heading to the game. dad is hoping to see some upset redskins fans tomorrow night. >> it's nothing like 90,000 just going -- oh, my god. it is beautiful. >> we'll be divorced on sunday. just for sunday though. >> well, as for the little guy in the middle, he might have a cowboys jersey on, but his mom says he roots for the redskins too. in fact, kids at school have taken to calling him rc3. and you can catch up on everything redskins later this morning on "inside the redskins." that starts at 10:30. of co
they will discuss the fiscal cliff and other key issues. you can see it here tomorrow at 10:30. >>> we're a little more than 36 hours away from the biggest game of the season for the redskins. the burgundy and gold face off against the cowboys tomorrow night. it's simple. win and you take the nfc east crown. even though we're in redskins country, there are sure to be some divided families tomorrow night. that includes the clark family in capital heights, maryland. half of the family...
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, will there be a deal on the fiscal cliff. plus, the other pressing top guns, benghazi, and what he hopes to finish in his second term. >>> in the week ahead, maryland same-sex couples can legally get married beginning on tuesday. maryland lawmakers approved the law. >>> driving the dulles toll road in virginia becomes more expensive starting tuesday, january 1st. the tolls go up to $1.25, and on and off-ramps will increase from 25 cents to $1. that means an extra $1 a tkaday >>> and then metro stopped selling the paper version of the fast pass in august, and starting on january 1st, only the electronic version of the fast pass will work. >>> let's take a live look now at fedex field. that is where the showdown is going to happen. it's a big day for the redskins. they are taking on the dallas cowboys for the east title, and winner gets a guaranteed spot in the playoffs. kickoff is at 8:20. after the game you can stick around for news4 at 11:00, and that is followed by "redskins final." >> the stadium, it looks so calm and quie
, will there be a deal on the fiscal cliff. plus, the other pressing top guns, benghazi, and what he hopes to finish in his second term. >>> in the week ahead, maryland same-sex couples can legally get married beginning on tuesday. maryland lawmakers approved the law. >>> driving the dulles toll road in virginia becomes more expensive starting tuesday, january 1st. the tolls go up to $1.25, and on and off-ramps will increase from 25 cents to $1. that means an extra $1 a tkaday...
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just 30 hours remain before the country goes over the fiscal cliff, and we're still waiting for a deal. good evening. i'm chris jansing. the senate is going home for tonight. democratic and republican leaders had hoped to reach an agreement by 3:00 this afternoon. >> i was really glad to hear republicans have taken their demand for social security benefit cuts off the table. the truth is, it should never have been on the table to begin with. there's still significant distance between the two sides, but negotiations continue. there's still time left to reach an agreement, and we intend to continue negotiations. i ask unanimous content that the senate proceed tomorrow morning. >> earlier, they took to the floor to explain the setback in negotiations this morning. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. the consequences of this are too high for the american people to be engaged in a political messaging campaign. i'm interested in getting a result here. >> this morning, we've b
just 30 hours remain before the country goes over the fiscal cliff, and we're still waiting for a deal. good evening. i'm chris jansing. the senate is going home for tonight. democratic and republican leaders had hoped to reach an agreement by 3:00 this afternoon. >> i was really glad to hear republicans have taken their demand for social security benefit cuts off the table. the truth is, it should never have been on the table to begin with. there's still significant distance between the...
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fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an internet sensation. the viral video that has millions of people around the world hooked, today, sunday, december 30th, 2012. >>> from nbc news this is "today" with lester holt and erica hill >>> i'm erica hill. >> i'm carl quintanilla. >> all eyes on washington. a number of americans wondering this morning why lawmakers have not yet been able to reach a deal to avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in californi
fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an...
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last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> right now on capitol hill, senate democrats and republicans are working on a deal to avert the fiscal cliff, but time is running out. they now have less than 30 hours to work it out. if we do go over the fiscal cliff
last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more...
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there are ways to avoid the fiscal cliff in the next 36 hours. >> what is that mood like? i know you have been talking to them day in and day out. i was asking you on the commercial break what you are doing on capitol hill, what you are doing now. a lot of hurry up and wait. >> there's a lot of frustration. everybody understands this is a very serious issue. 36 hours from now, the fiscal cliff takes effect if there's inaction. there's some optimism. there's reason to be hopeful. i think the senate is going to come up with a plan we'll be able to vote on in the house. if not, the president put forward a plan that is ready to go now. there's no reason we can't get that done. >> the president has a back-up plan, he wants you to put something forward to make sure the tax cuts stay in place for the middle class. it's something you can support. what is your threshold? is it $400,000 or $500,000? if reid and mcconnell come up with a deal, what would you support? >> i would support $250,000. it's probably going to be higher than $250,000 somewhere between 400,000 and 500,000. if t
there are ways to avoid the fiscal cliff in the next 36 hours. >> what is that mood like? i know you have been talking to them day in and day out. i was asking you on the commercial break what you are doing on capitol hill, what you are doing now. a lot of hurry up and wait. >> there's a lot of frustration. everybody understands this is a very serious issue. 36 hours from now, the fiscal cliff takes effect if there's inaction. there's some optimism. there's reason to be hopeful. i...
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hours before the nation is set to fall off the fiscal cliff. >> there are are still significant differences between the two sides, tpheg orbiations continue. >>> if respects and temaccurates can not strike a deal before midnight monday taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits. >> i want everyone to know i am willing to get had this done. i need a dance partner. >>> republicans introduced a proposal by slowing the growth of social security. senators say there is movement as both sides try to compromise about which americans should start paying a higher tax rate. >> this is a lot of give and take going on right now. but republicans don't want to see new revenues, in other words democrat tax increases being used for new spending. >> in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, biden, to help with the negotiations, this has at white house places a lot of the blame on the g.o.p. >> they say their biggest prierity is making sure we deal with the deficit but the way
hours before the nation is set to fall off the fiscal cliff. >> there are are still significant differences between the two sides, tpheg orbiations continue. >>> if respects and temaccurates can not strike a deal before midnight monday taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits. >> i want everyone to know i am willing to get had this done. i need a dance partner. >>> republicans...
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. >>> plus, lawmakers are working overtime to avoid a drop off the fiscal cliff. the latest on the last-minute negotiations. >>> storm team 4 radar picking up winter weather in the area. the big storm rolling our way right now. >>> a live look at city cam a the 495 and van dorn street where in for a nasty mix of rain and snow. it's making for a messy drive. >> good morning, everyone. i'm richard jordan. >> a little bit of a mix right there. i'm angie goff. welcome to news 4 today. it is saturday, december 29th, 2012. >> we have our reporters positioned across the area to cover this winter weather. >> first, let's find out who's getting snow and what areas are getting rain. with that, we go to storm team 4 meteorologist veronica johnson. >> you may think this is a big storm, but it is not. it's a small storm. it's going to be in and out of here very quickly. finally, some snow showing up on the radar and falling too. the last couple hours, you can see that batch swinging through. you can see it's rain north of d.c. some of you have been tweeting it's "snaining" whe
. >>> plus, lawmakers are working overtime to avoid a drop off the fiscal cliff. the latest on the last-minute negotiations. >>> storm team 4 radar picking up winter weather in the area. the big storm rolling our way right now. >>> a live look at city cam a the 495 and van dorn street where in for a nasty mix of rain and snow. it's making for a messy drive. >> good morning, everyone. i'm richard jordan. >> a little bit of a mix right there. i'm angie goff....
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good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of the senate republican leadership, senator john thune, who just came out of the senate republican meet egg. senator, can you tell us where do things stand as far as republicans feel? >> well, look, republicans advanced a proposal last night. you heard senator mcconnell talk about that on the floor. we are still awaiting a counteroffer by the democrats. and there was an indication that we could have received that by 10:00 this morning. we have yet to receive it. but there are discussions that continue. senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could
good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of...
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the country goes over the fiscal cliff. what it will cost you for a paper bag as we return in two minutes.
the country goes over the fiscal cliff. what it will cost you for a paper bag as we return in two minutes.
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will there be a deal on the fiscal cliff before the clock 31st.s midnight on the other pressing topics, guns, benghazi, what he hopes >> now, your 11 insta-weather plus forecast with ava marie. time is 9:38, here's a like look outdoors. skycam showing the camera bumping around in strong winds. at the airport, gusts at 36 miles per hour. the sky is trying to break apart, sun shining through. even though we're seeing the sun, we've also seen flurries across the area, something unexpected. we didn't expect them to reach this far south but on the radar picture there's a hint of some flurries and sprinkles making their way to the eastern shore, through caroline county at this point. nothing major whatsoever. we've had reports of flurries in baltimore, as well. this will not accumulate. this is instability left over from the system yesterday. the radar showing the storm continues to spin towards the north and east moving into atlantic canada right now with cold wind behind it causing lake-effect snow showers downwind of lake erie, lake ontario, upstate new york and pennsylvania where they're
will there be a deal on the fiscal cliff before the clock 31st.s midnight on the other pressing topics, guns, benghazi, what he hopes >> now, your 11 insta-weather plus forecast with ava marie. time is 9:38, here's a like look outdoors. skycam showing the camera bumping around in strong winds. at the airport, gusts at 36 miles per hour. the sky is trying to break apart, sun shining through. even though we're seeing the sun, we've also seen flurries across the area, something unexpected....
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yes i'm talking about the fiscal cliff. hello, good to be with you. we are just two days now remaining that is, until the countdown clock and the pressure is mounting on lawmakers to get a deal done. both houses of congress are back in session this sunday ready to vote on a plan that senate leaders are trying to hammer out right now. if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that is, they are very unhappy and they call a quote poison pill. what they say is an offer from the republicans to include in this deal, which has been from the democrats perspective, mostly focused on taxes to include in it, a change in a t
yes i'm talking about the fiscal cliff. hello, good to be with you. we are just two days now remaining that is, until the countdown clock and the pressure is mounting on lawmakers to get a deal done. both houses of congress are back in session this sunday ready to vote on a plan that senate leaders are trying to hammer out right now. if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's...
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those voices have been buried behind the simplicity of a fiscal cliff. the press loves a deadline. >> the press loves a deadline and loves colorful language like fiscal cliff. thanks for joining us. >>> at the top of the hour, state of the union has republican reaction to the president's interview on "meet the press." did we really need to go haywire over david petraeus? mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love wi
those voices have been buried behind the simplicity of a fiscal cliff. the press loves a deadline. >> the press loves a deadline and loves colorful language like fiscal cliff. thanks for joining us. >>> at the top of the hour, state of the union has republican reaction to the president's interview on "meet the press." did we really need to go haywire over david petraeus? mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and...
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. >> speaking of the fiscal cliff showdown, the issue impacts all this. some of you may not be familiar with how we got into the situation in the first place. it started during a different presidency in a different era in our country's history. it started with president george w. bush in 2001. >> now we pass a bold package of tax relief for america's families proposed tax cuts were set to expire in 10 years. when it came time, the u.s. was emerging from the worst recession since the great depression. lawmakers extended the tax cuts. >> both houses have passed a package of tax relief. >>>> republicans say no higher tax rates on the rich. no tax hikes on anyone. >> we need to start cutting spending now. >> and a separate debate during 2011 republicans demand the government reduce its deficit as a condition for raising the nation's pulse of debt ceiling. a last-minute compromise, both sides agreed to trillions of dollars in spending cuts and another $1.20 billion in cuts to be decided by a special congressional supercommittee. if the supercommittee cannot re
. >> speaking of the fiscal cliff showdown, the issue impacts all this. some of you may not be familiar with how we got into the situation in the first place. it started during a different presidency in a different era in our country's history. it started with president george w. bush in 2001. >> now we pass a bold package of tax relief for america's families proposed tax cuts were set to expire in 10 years. when it came time, the u.s. was emerging from the worst recession since the...
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we have less than 30 hours before we head over the fiscal cliff. tax hikes will kick in and other measures that won't be good for your paychecks and your wallet. we'll continue to follow that. we have our staff, correspondents, up on capitol hill following the latest. in the meantime, let's get back to our hillary clinton story. jessica yellin has traveled a lot with the former first lady and secretary of state. jess, we talked about her grueling schedule again. we're working with very limited information. we know she's being treated and what she's being treated with. we don't know exactly where this clot is. >> we don't. i do get the sense from people who are close to her that they feel she's going to be okay. but, of course, there's a lot of, you know, upset and concern because it's been some two weeks now that this woman who is constantly on the go has had such a bad case of first the flu and then a concussion and now this that she's had to be completely grounded. that's what just stuns the people around her. usually she's the one telling them t
we have less than 30 hours before we head over the fiscal cliff. tax hikes will kick in and other measures that won't be good for your paychecks and your wallet. we'll continue to follow that. we have our staff, correspondents, up on capitol hill following the latest. in the meantime, let's get back to our hillary clinton story. jessica yellin has traveled a lot with the former first lady and secretary of state. jess, we talked about her grueling schedule again. we're working with very limited...
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ali, why does it have to be a scr scramble as the fiscal cliff is approaching and why right now? what will it take to hold congress' feet to the fire finally? i mean, if it has not been held to the fire now sh, and how soo will people start feeling the pain if no deal is reached? ali, bring in both sides of the political aisle and republican strategist anna navarro and maria cardona in washington. welcome the both of you. anna, why are we here right now? why are we sitting here right now talking about this right now with the senate gone home and congress in there working and the light is on, but few people are at home. why are we doing this? >> there is no good explanation. there's definitely no justification and no excuse for this. this is like, don, when you at the beginning of the year, when you are in school at the beginning of the year and you have been assigned a big project and you leave it to the last night. when i used to do thoo i was punished. if kids behaved the way the congresspeople were, they would be in time-out. if it were the private sector, they'd all be fired.
ali, why does it have to be a scr scramble as the fiscal cliff is approaching and why right now? what will it take to hold congress' feet to the fire finally? i mean, if it has not been held to the fire now sh, and how soo will people start feeling the pain if no deal is reached? ali, bring in both sides of the political aisle and republican strategist anna navarro and maria cardona in washington. welcome the both of you. anna, why are we here right now? why are we sitting here right now...
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going off the fiscal cliff, is that actually going to happen? we have both sides of the aisle and both sides of congress with us. republican representative steve la tourette and democratic senator richard blumenthal. "sex and the city" d.c. style. we'll talk to the authors of the juicy new novel dishing about life working for a demanding senator on capitol hill and he's a mean one. the grinch from the musical joins us live and it turns out he may not be that mean after all. that and much more in 14 minutes or so. the grinch is going to be here. >> in costume, i hope. >> of course. it's going to be the real grinch. it's not an actor, it's the grinch for those kids watching this morning. >> of course it is. thank you, ali. >> good to see you both. >> we'll be watching. 47 minutes after the hour. let's get you up to state with the top stories. six states from pennsylvania to maine facing a winter storm, a big one. 12 to 24 inches of snow could fall in parts of new england. holiday travel just a nightmare on the roads and in the air. more than 1700
going off the fiscal cliff, is that actually going to happen? we have both sides of the aisle and both sides of congress with us. republican representative steve la tourette and democratic senator richard blumenthal. "sex and the city" d.c. style. we'll talk to the authors of the juicy new novel dishing about life working for a demanding senator on capitol hill and he's a mean one. the grinch from the musical joins us live and it turns out he may not be that mean after all. that and...
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. >>> just over a half hour ago, the fiscal cliff talks ended at the white house with just three days until we could all go over the edge. >>> and a wild ride. a crime spree comes to a dramatic end. >> he only wanted to see me just enough to hurry up and do what he wanted to do, which was take my pocketbook and for him to flee. >>> more on that? just a bit, but we begin with more messy winter weather. >> it's been a wild week where the weather is concerned. we've seen snow, sleet and rain, then strong winds blew in. >> now we're bracing for more snow, rain and cold numbers. doug kammerer is here where what we can expect. how about it, doug? >> we've been talking about that change in the weather pattern going from very warm and calm to a lot colder and stormier. that's exactly what we've seen happen really over the past week. i think that trend will continue as another storm moves in. rock winds out of
. >>> just over a half hour ago, the fiscal cliff talks ended at the white house with just three days until we could all go over the edge. >>> and a wild ride. a crime spree comes to a dramatic end. >> he only wanted to see me just enough to hurry up and do what he wanted to do, which was take my pocketbook and for him to flee. >>> more on that? just a bit, but we begin with more messy winter weather. >> it's been a wild week where the weather is...
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david gregory will interview president obama exclusively just hours before the fiscal cliff deadline. "meet the press" airs at 10:30 on monday morning. >>> police locked up tonight after a brazen crime spree. as jack write benson reports, one of the victims had choice words for those who were arrested. >> reporter: the occupants of this stolen car are -- i'm okay now. i just thank god he didn't hurt me. >> reporter: when sharon gardner first saw this nissan maxima, it was speeding away from the bp gas station with the man who had just stolen her purse in the backseat. >> i was in between vacuuming my car out. i was going from my driver's side to my passengers side. by the time i got to the trunk of my truck, he had immediately hurried up and took my pockbook. i had it on the floor. i had it covered up. >> reporter: someone had jotted down the tag number. gardner called the cops while the responding officer was still at the robbery scene, his police radio crackled with news. the speeding nissan had crashed head-on into a metro bus on southern avenue at wheeler road. gardner drove to th
david gregory will interview president obama exclusively just hours before the fiscal cliff deadline. "meet the press" airs at 10:30 on monday morning. >>> police locked up tonight after a brazen crime spree. as jack write benson reports, one of the victims had choice words for those who were arrested. >> reporter: the occupants of this stolen car are -- i'm okay now. i just thank god he didn't hurt me. >> reporter: when sharon gardner first saw this nissan...
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less than 24 hours and we are falling over the fiscal cliff . why can't lawmakers get the deal done. donald trump weighs in on that in the top of the hour. >> clayton: one thing people promise to do in the new year and we'll tell you what it is. goodbye ite christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! he >> juliet: good morning, everybody. today is monday, december 31, i'm juliet huddy in for gretchen. serious story to start out with. hillary clinton has been hospitalized. she has a blood clot. we'll have a live report with the latest on her condition and what it could mean for the investigation into the attacks on benghazi. >> dave: sorry, america. less than 24 hours to go but no deal on the fiscal cliff. why can't lawmakers get it together? we'll ask a master negotiator, d
less than 24 hours and we are falling over the fiscal cliff . why can't lawmakers get the deal done. donald trump weighs in on that in the top of the hour. >> clayton: one thing people promise to do in the new year and we'll tell you what it is. goodbye ite christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use!...
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Dec 28, 2012
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. >>> soon, only hours will be left to reach a come nice in the fiscal cliff talks. president obama is holding a summit at the white house today with congressional leaders and members of the house have to be back to work by 6:30 sunday night leaving them with just over 4 hours to come to a conclusion. steep cuts and tax hikes impacting from everything from your paycheck to the defense budget could take effect. >>> norman schwarzkopf has died. the retired general died from complications of pneumonia. he was best nope for leading international forces in iraq in 19916789 he was 78. >>> former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says bush is getting excellent medical care but expects nobody the hospital for a while. he is battling bronchitis and other complications from it. the 88-year-old was admitted to the hospital more than a month ago. >>> three people were killed when a tractor-trailer that was stopped in traffic was rear ended by a pickup. all of the victims were in the pickup. this happened ab
. >>> soon, only hours will be left to reach a come nice in the fiscal cliff talks. president obama is holding a summit at the white house today with congressional leaders and members of the house have to be back to work by 6:30 sunday night leaving them with just over 4 hours to come to a conclusion. steep cuts and tax hikes impacting from everything from your paycheck to the defense budget could take effect. >>> norman schwarzkopf has died. the retired general died from...
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Dec 27, 2012
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hoping to reach a deal to avert the fiscal cliff and he left his vacation. we will look at the new offer and the concessions he is proposing. >>> let's go back outside with alex savage. >> reporter: they have finally been able to locate the problem right under where those crews are working and they have had to dig up quite a bit of sidewalk to figure out where the leak was coming from but crews say they are running a bypass around the broken line. off to the left, the people were evacuated as a precaution. everything began when neighbors reported the smell of gas in this area. people here were ordered to shelter in place in their homes for a time and early on, he was certainly going to face explosion. >> if something goes off or ignites, i am only a couple of doors down from where the leak is so it is frightening. >> the source of the leak has been found. the repair work, it will be difficult for she people to go back home and with the exception of the three homes evacuated, gas does remain on for the entire area of brentwood. brentwood sal legs savage ktvu
hoping to reach a deal to avert the fiscal cliff and he left his vacation. we will look at the new offer and the concessions he is proposing. >>> let's go back outside with alex savage. >> reporter: they have finally been able to locate the problem right under where those crews are working and they have had to dig up quite a bit of sidewalk to figure out where the leak was coming from but crews say they are running a bypass around the broken line. off to the left, the people were...
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fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of ex
fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday....
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what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications of pneumonia. he was given the nickname stormin' norman and best known for leading international forces in iraq against shad's invasion of kuwait in 1991678 the 78-year-old managed to live a quiet retired life in tampa and kept pretty quiet on the u.s.'s decision to go to war with iraq again. >>> also this morning, former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says his family is confident the 41st president will leave the hospital but expects to be there for a while. he is battling bronchitis, a lingering fever among
what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications...
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i mean, the willingness -- maybe we will get an 11th hour agreement that avoids the fiscal cliff, but it will be a fairly minimal agreement. nothing like a big comprehensive deal. especially the republicans are having difficulty making the compromises you need to move forward in what is a very closely divided society. what is the alternative? you have a republican house but a democratic president who will be there for four years and a reasonable prospect if hillary clinton runs in 2016, a democrat will hold the white house then. what are we waiting for. in 1997 even, when a democratic president was reelected along with a republican congress, they said none of us are going away, we have to make a deal. that's not really happening yet. >> so tglass is half full for you? >> i think it can still happen, but i felt for a long time there are only two choices. either we go over the cliff and clean it up after, or john boehner has to be a babandon th that they will only bring a bill to the floor if it's supported. i don't think there is a bill that a majority of house republicans will vote fo
i mean, the willingness -- maybe we will get an 11th hour agreement that avoids the fiscal cliff, but it will be a fairly minimal agreement. nothing like a big comprehensive deal. especially the republicans are having difficulty making the compromises you need to move forward in what is a very closely divided society. what is the alternative? you have a republican house but a democratic president who will be there for four years and a reasonable prospect if hillary clinton runs in 2016, a...
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. >>> it is 30 minutes past the hour. here are stories we're watching now in the newsroom, seconds ago wall street opened for business, investors worried about the impending fiscal cliff have other issues to consider. the weekly jobless rate is in and it's at its lowest level in four and a half years. economic reports on housing markets, consumer confidence and manufacturing also due out this morning. >>> some advice for air travelers, check your flight status before you leave home today. winter storm now pounding the northeast has forced the cancellation of more than 360 flights today, that's in addition to the more than 1,700 cancellations yesterday. >>> unbelievable video out of shanghai, china, where a 33-ton aquarium full of sharks exploded, sending sharks flying everywhere and terrified shoppers running for their lives. 16 people suffered cuts and bruises. no one was seriously hurt. three lemon sharks were killed in the incident, though. >>> just five days left until the united states crosses over the so-called fisc
. >>> it is 30 minutes past the hour. here are stories we're watching now in the newsroom, seconds ago wall street opened for business, investors worried about the impending fiscal cliff have other issues to consider. the weekly jobless rate is in and it's at its lowest level in four and a half years. economic reports on housing markets, consumer confidence and manufacturing also due out this morning. >>> some advice for air travelers, check your flight status before you leave...
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in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white hou
in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just...
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. >>> on wall street today the looming fiscal cliff deadline pushed stocks lower. the dow fell 158 points. >>> two deaths in five hours, it was an especially deadly night in oak land. help is resting on outsider to bring peace to this city. >> reporter: opd is bringing in a big name with a very big reputation. some are wondering if that one person can be the change people want to see on the street. this afternoon crime scene technicians were still gathering evidence in one of two homicides that happened within a five hour period. >> we hear things happening in oakland but most of the time international avenue and other places. >> reporter: but last night the crimes that happen in other places was right across the street in east oakland. one person stabbed to death on walnut street. before that two people were shot and killed on mead avenue adding to the highest murder rate oakland has had in five years. opd is bringing in change maker bill bratton to curve crime in los angeles and new york city. usf professor tony rab era knows bratton. >> i think bill can be a val
. >>> on wall street today the looming fiscal cliff deadline pushed stocks lower. the dow fell 158 points. >>> two deaths in five hours, it was an especially deadly night in oak land. help is resting on outsider to bring peace to this city. >> reporter: opd is bringing in a big name with a very big reputation. some are wondering if that one person can be the change people want to see on the street. this afternoon crime scene technicians were still gathering evidence in...
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we're following what is going on with the fiscal cliff and lawmakers meeting in about two hours from now our time to try to hammer out a deal at the last minute. we'll follow that story and a remind they're can you catch dr. phil here on the morning news. can you catch him first at 10:00 f you cannot get enough of him again at 4:00 in the afternoon. >>> there is a lot of football on tap. stanford will face wisconsin in the rose bowl. it won in the pac-12 to advance to the bcs bowl. this is wisconsin's third trip to the rose bowl. kickoff is at 2:00 this afternoon. >>> and the hope ushered in the new year t marks january 1 as the world day of peace. it is started by pope paul vi in 1968. >> million people crowded into new york city to watch the crystal ball cover drop at midnight. here are some other cities who range in the new year on the least east port maine holds the new year's eve sardine drop. on the right is key west florida and it welcomed the new year by lowering a shoe on the bottom. the bottom thousands gathered in atlanta to watch the peach drop at the stroke of midnight t
we're following what is going on with the fiscal cliff and lawmakers meeting in about two hours from now our time to try to hammer out a deal at the last minute. we'll follow that story and a remind they're can you catch dr. phil here on the morning news. can you catch him first at 10:00 f you cannot get enough of him again at 4:00 in the afternoon. >>> there is a lot of football on tap. stanford will face wisconsin in the rose bowl. it won in the pac-12 to advance to the bcs bowl....
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cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance for a deal and what's on the table. >> alison, here in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the hig
cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance...
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cliff. mcconnell believes there could be a tentative agreement by sunday. this progress comes after president obama met with congressional leaders at the white house today for about an hour. >> i'm modestly optimistic that an agreement can be achieved. nobody's going to get 100% of what they want, but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> if there is no deal, taxes will go up next week for most americans. there will be sharp spending cuts and 2 million people will lose their extended unemployment benefits. >>> on "meet the press" this sunday, president obama will sit down for an exclusive interview with david gregory as the fiscal cliff deadline approaches. watch the interview this sunday morning at 10:30 here on nbc 4. >>> a huge turnout at the what's called the nation's gun show in shantilly, virginia, today. thousands of people attended. some vendors sold out. it
cliff. mcconnell believes there could be a tentative agreement by sunday. this progress comes after president obama met with congressional leaders at the white house today for about an hour. >> i'm modestly optimistic that an agreement can be achieved. nobody's going to get 100% of what they want, but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> if there is no...
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from falling off the so-called fiscal cliff. i'm craig melvin and you are watching msnbc, with all the focus on the fiscal cliff, will there be action on gun control. meanwhile, we are going to talk to an attorney general that wants to arm teachers to protect students. and the race to fill john kerry's senate seat. first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a cliff compromise, something that the house and the president has failed to do so is far. the president has tasked senator majority leader harry reed. >> i have asked senator reed to do it, put a by on the floor to make sure that taxes on middle class families do not go up. and unemployment insurance is still available for two million people and lays the groundwork for economic growth and deficit reduction. >> everything that has been happening in the last several hours has been happening behind the scenes. we have correspondents tracking ever
from falling off the so-called fiscal cliff. i'm craig melvin and you are watching msnbc, with all the focus on the fiscal cliff, will there be action on gun control. meanwhile, we are going to talk to an attorney general that wants to arm teachers to protect students. and the race to fill john kerry's senate seat. first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a...
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cliff. >> senator reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends unemployment to the 2 million americans looking for a job and lays groundwork for more economic growth and deficit reduction. >> just moments ago, senator harry reid says he's readying a bill for a vote by monday. all this follows a rare face-to-face closed door meeting at the white house today between all the key players, the president, the vice president, the treasury secretary and all four congressional leaders huddled together with just four days to go before we all go overs fiscal cliff. that meeting lasted for an hour and five minutes. on a story where every second and every maneuver counts, let's get chief to white house correspondent jessica yellin. jessica, th
cliff. >> senator reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends unemployment to the 2 million americans looking for a job and lays groundwork for more economic growth and deficit reduction. >> just moments ago, senator...
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cliff. that meeting lasted for an hour and five minutes. on a story where every second and every maneuver counts, let's get chief to white house correspondent jessica yellin. jessica, the president says he's modestly optimist being but each also presented a backup plan. does the president really think it will come to that? >> at this point, no, they don't, john, because the white house is hopeful that the agreement that the senators are working on can actually move forward after the meeting here. there is a modest uptick in enthusiasm about that possibility. but as forts backup plan, there's no real likelihood that would ever come to a vote because republicans would likely block it in both the senate and might -- it would likely not come to a vote in the house. so that's really more rhetoric than it is reality and we have to hope for option a, getting an agreement in the senate if we're going to avoid going over the cliff. >> rhetoric versus reality. that's always a tricky place to be in was
cliff. that meeting lasted for an hour and five minutes. on a story where every second and every maneuver counts, let's get chief to white house correspondent jessica yellin. jessica, the president says he's modestly optimist being but each also presented a backup plan. does the president really think it will come to that? >> at this point, no, they don't, john, because the white house is hopeful that the agreement that the senators are working on can actually move forward after the...
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breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a standstill. you see a lot of reporters milling around. it's behind this wall that you can't see. the democrats, all senate democrats are meeting now, getting a briefing from the senate democratic leader, harry reid and down this haul, which you can't see from here, the same thing is going on with republicans. at the podium we hope to hear from senate majority leader, harry reid. in terms of where things stand, they're frozens it goes. earlier today, we explained that the reason from the democrats point of view is that they got an offer from republicans that includes what was known as chained cpi, which you've been explaining means social security checks would be smaller for social security recipients, which
breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a standstill. you see a lot of reporters milling around. it's behind this wall that you can't see. the democrats, all senate democrats are meeting now, getting a briefing from...
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right now, congress scrambling to reach a deal on the fiscal cliff before tuesday's deadline president the senate and house are convening while senate negotiators work at a plan to prevent massive spending cuts and tax hikes from kicking in january 1st. president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. >> in news overseas the bodies of the dead are being carried away in syria today. at least 397 people were killed saturday. that is the deadliest day so far in the 21-month long civil war. another 52 died today. the joint u.n. arab league envoy said the situation is rapidly deteriorating but that a solution is still possible. >>> in massachusetts boston's mayor lifted a snow emergency a little earlier today. more than a foot of snow fell on several towns across that state ov
right now, congress scrambling to reach a deal on the fiscal cliff before tuesday's deadline president the senate and house are convening while senate negotiators work at a plan to prevent massive spending cuts and tax hikes from kicking in january 1st. president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of...
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leaders on the fiscal cliff. tom, you have been covering this pretty much every day. it looks to me like there are two big headlines here. one, still no deal and, two, he's talking about a bill being presented to the senate, an up- or-down vote that would prevent a tax hike for middle class americans, protect unemployment insurance and that is not all. >> make no mistake, that is a direct shot at the republicans, though. the president knows full well the senate is controlled by democrats. at what point you would be knocking that ball over to the house would be up to house republicans as to who they would be the last ones with up- or-down votes on this. >> more to come on this from you, tom, and our team of reporters on the news edge at 6. the 5 continues after this. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours.
leaders on the fiscal cliff. tom, you have been covering this pretty much every day. it looks to me like there are two big headlines here. one, still no deal and, two, he's talking about a bill being presented to the senate, an up- or-down vote that would prevent a tax hike for middle class americans, protect unemployment insurance and that is not all. >> make no mistake, that is a direct shot at the republicans, though. the president knows full well the senate is controlled by democrats....
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. >>> we continue right now to follow the latest on the fiscal cliff talks. in just a few minutes, president obama is expected to speak to the media. he's been in meetings all afternoon with congressionally leaders. those meetings wrapped up just over an hour ago. at this point, no word of an agreement. >>> so what if there is no deal? what's the impact of going over the clip for you and your family? we8, right away on your next paycheck you'll see an increase of 2% in the social security tax. for the average family that's about $1,000 more every year. now, something that might take a few weeks, income tax rates will also rise for everyone. if you make between $50 and $75,000, you'll stand to lose about $92 every paycheck. for those making between $75 and $100,000, it's a bit more. you'll notice about $142 less every paycheck. the unemployment will also be taking a big hit in january. if congress doesn't agreed agree to an extension long-term jobless benefits will expire for more than 2 million americans. here in the district, city leader say we stand to lose
. >>> we continue right now to follow the latest on the fiscal cliff talks. in just a few minutes, president obama is expected to speak to the media. he's been in meetings all afternoon with congressionally leaders. those meetings wrapped up just over an hour ago. at this point, no word of an agreement. >>> so what if there is no deal? what's the impact of going over the clip for you and your family? we8, right away on your next paycheck you'll see an increase of 2% in the...
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cliff. the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> off the senate floor, mitch mcconnell appears to be more flexible. the senator sent an e-mail suggesting he's negotiating an acceptable deal with the white house. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the publi
cliff. the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything...
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let's get our viewers up to speed on the talks that are trying to prevent the looming fiscal cliff. >> with the fate of the nation in the balance the senate is going home. that's right. no vote tonight on the senate side. the chamber will reconvene tomorrow at the bright and early hour of 11:00 a.m. eastern. >> oh, my gosh. >> 11:00 a.m. i would have thought they might have gone home for a few hours, had a shower, and come back to work. with just 13 hours until the deadline they will reconvene. the house is waiting on the senate. so nothing is getting done there. if you bet this would come down to the wire, you were right. >> gosh, they have to get up before the crack of noon. i can't believe it. >> i know. >> of course, not everyone on capitol hill will have an early bedtime. republican senate leader mitch mcconnell already working with vice president joe biden on a deal, ali. talks between the two parties could continue late into the night, i guess, but with each minute that passes, our chances of avoiding this fiscal cliff, well, they become slimmer and slimmer and slimmer. >> exce
let's get our viewers up to speed on the talks that are trying to prevent the looming fiscal cliff. >> with the fate of the nation in the balance the senate is going home. that's right. no vote tonight on the senate side. the chamber will reconvene tomorrow at the bright and early hour of 11:00 a.m. eastern. >> oh, my gosh. >> 11:00 a.m. i would have thought they might have gone home for a few hours, had a shower, and come back to work. with just 13 hours until the deadline...
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cliff. the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> off the senate floor, mitch mcconnell appears to be more flexible. the senator sent an e-mail suggesting he's negotiating an acceptable deal with the white house. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the publi
cliff. the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything...
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. >>> call it fiscal cliff friday, stocks taking a nosedive again as lawmakers take their fight into the final hours. congress and the president have until the ball drops new year's eve to figure something out on those automatic tax hikes and spending cuts, but union workers have figured out a deal to avoid the so-called container cliff for now with the massive weekend strike looming, the longshoremen, shippers, operators and ports all agreeing to extend the union's contract until early february and avoid port shutdowns. meantime as the year winds down, 2012 is shaping up to be a pretty good one for banks. american banks closing out their best profits in six years and fewest failures since 2008, 51 banks closed their doors this year, still a lot historically but well below recent levels. drumroll, please. the top money making star of 2012, denzel washington. theater owners nationwide say moviegoers flock to denzel's movies more than anyone else's and hathaway and hugh jackson round out the top three. that's business. i'm eric bolling. >> this fox 5 stock mar
. >>> call it fiscal cliff friday, stocks taking a nosedive again as lawmakers take their fight into the final hours. congress and the president have until the ball drops new year's eve to figure something out on those automatic tax hikes and spending cuts, but union workers have figured out a deal to avoid the so-called container cliff for now with the massive weekend strike looming, the longshoremen, shippers, operators and ports all agreeing to extend the union's contract until...
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cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be a substantive deal that comes out of this in the 11th hour is probably nil to zero, right? essentially in my sense, it's easier to go over the cliff. then there's clarity, right? taxes will go up, spending will get cut. the market will know what is going to happen. it can only get better from there because then you'll get legislators that come to the table, that try to cut taxes and raise some spending, and they'll argue it from a positive point of view and stand up and say, rah-rah, look what we, did right? it won't get any worse if we go over the cliff. if there's a bandaid, it leaves complete confusion, there is no clarity, the market will probably react more negative than actually going over the cliff. i think that's what investors have to be concerned about. now, that being said, i don't think the market's going to crash by any sense. but -- i think there's a lot of money still on the streamlines that needs to be invest -- the sidelines th
cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be a substantive deal that comes out of this in the 11th hour is probably nil to zero, right? essentially in my sense, it's easier to go over the cliff. then there's clarity, right? taxes will go up, spending will get cut. the market will know what is going to happen. it can only get better from there because then you'll get legislators that come to the table, that try to cut taxes and raise some spending,...
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going over the fiscal cliff. the president and key congressional players will meet at the white house to play let's make a deal. joining me is chris van holland of maryland. we have seen these meetings at the the white house, conference calls, press conferences, statements. we're going to see something out of this that gets us closer to a deal. >> as you said, there is a last-ditch effort by the president to bring together the congressional leaders to avoid at least the tax portion of the fiscal cliff, which is the biggest portion of the fiscal cliff. the president has put many proposals on the table, as you know. speaker boehner walked away from the last proposal. hopefully this time will be different. the speaker has to allow the house to work its will, to have a majority vote here. he's not allowed us to have a vote on a senate-passed bill. hopefully he'll allow us to have an up or down vote on whatever comes out of this meet pg. >> now the ball is in the senate's court and we know leader reid will have to put
going over the fiscal cliff. the president and key congressional players will meet at the white house to play let's make a deal. joining me is chris van holland of maryland. we have seen these meetings at the the white house, conference calls, press conferences, statements. we're going to see something out of this that gets us closer to a deal. >> as you said, there is a last-ditch effort by the president to bring together the congressional leaders to avoid at least the tax portion of the...
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saying the hour for immediate action is here" to avoid the fiscal cliff. if there's no deal by midnight december 31st. there will be automatic tax increases and spending cuts. we'll have more from our political analyst in a minute - but first. kron 4's justine waldman is back with more on our developing story. >> reporter: after meeting with bi-partisan leaders friday, the president said no one will get 100-percent of what they want. he said if congress can't reach a deal. congress should allow a vote on a basic package that would preserve tax cuts for middle-class americans, >> i am optimistic that we can still pass a deal in both houses in time, mitch mcconnell, and harry reid are working on an agreement as we speak >> i have my confidence destroyed on other occasions and so i hope it is not on this occasion the timing, we have to do it now that is what the next 24 hours will be very important. >> we had a good meeting in the white house we are engaged in discussions with the majority, the leader and myself in hopes that we can come forward as early as s
saying the hour for immediate action is here" to avoid the fiscal cliff. if there's no deal by midnight december 31st. there will be automatic tax increases and spending cuts. we'll have more from our political analyst in a minute - but first. kron 4's justine waldman is back with more on our developing story. >> reporter: after meeting with bi-partisan leaders friday, the president said no one will get 100-percent of what they want. he said if congress can't reach a deal. congress...
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deal on the fiscal cliff, but what about the house, which punted on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use
deal on the fiscal cliff, but what about the house, which punted on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving...